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Walmart spent $25 million since 2008 to lobby for India entry

PTI [ Updated 10 Dec 2012, 15:15:02 ]
Walmart spent $25 million since 2008 to lobby for India entry
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Washington, Dec 10: Global retail giant Walmart — waiting for years to open its supermarkets in India — has been lobbying with the US lawmakers since 2008 to facilitate its entry into the Indian market.
 


As per the lobbying disclosure reports filed by Walmart with the US Senate, the company has spent close to $25 million (about Rs 125 crore) since 2008 on its various lobbying activities, including on the issues related to “enhanced market access for investment in India”.





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